BOE Report

Pieridae to hold conference call and webcast to discuss fourth quarter and year-end 2021 results

CALGARY, Alberta - Pieridae Energy Limited (“Pieridae” or the “Company”) (PEA.TO) will release its fourth quarter and year-end 2021 results on Thursday, March 24, 2022 prior to markets opening. Chief Executive Officer Alfred Sorensen, Chief Operating Officer Darcy Reding and Interim Chief Financial Officer Adam Gray will discuss the financial results, Company developments and forward-looking strategy at 8:30 a.m. (MDT) /10:30 a.m. (EDT). Members of the investment community, shareholders [Read more]

Shell publishes annual report and accounts

Shell plc published its Annual Report and Accounts for the year ended December 31, 2021. The 2021 Annual Report and Accounts can be downloaded in.pdf format from March 10, 2022 at www.shell.com/annualreport. In compliance with article 9.6.1 of the Listing Rules, on March 10, 2022, a copy of the 2021 Annual Report and Accounts was submitted to the National Storage Mechanism. This document will shortly be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism. In [Read more]

Peyto funds flow rebounds in 2021

CALGARY, Aberta - Peyto Exploration & Development Corp. (“Peyto” or the “Company”) is pleased to report operating and financial results for the fourth quarter and 2021 fiscal year. An improved 66% operating margin1, combined with a 21% profit margin2, to deliver a 2021 Return on Capital Employed (“ROCE”) of 7% and Return on Equity (“ROE”) of 10%. Full Year and Q4 2021 Highlights: Funds From Operations up 121% - Annual Funds from Operations (“FFO”) rose from $213 million in 2020 to [Read more]

17 new technologies funded by CRIN competition to address economic challenges of Canada’s oil and gas industry

CALGARY, Alberta - Clean Resource Innovation Network (CRIN) Today CRIN is announcing funding of over $44 million CAD for 17 projects identified through its Reducing Environmental Footprint oil and gas technology competition. This brings the total investment through three competitions to $80 million. CRIN’s competitions are designed to accelerate solutions that have the potential for significant contributions to environmental and economic challenges faced by Canada’s oil and gas industry, [Read more]

TC Energy signs equity option agreements with Indigenous communities across the Coastal GasLink project corridor

CALGARY, Alberta – TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) announced signing of option agreements to sell a 10 per cent equity interest in the Coastal GasLink Pipeline Limited Partnership to Indigenous communities across the project corridor. The opportunity to become business partners through equity ownership was made available to all 20 Nations holding existing agreements with Coastal GasLink. The Nations have established two entities that together currently represent [Read more]

Pipestone Energy Corp. announces fourth quarter and full year 2021 financial and operational results, and provides an update to its 2022 guidance and 3-year business plan

CALGARY, Alberta - (PIPE – TSX) Pipestone Energy Corp. (“Pipestone” or the “Company”) is pleased to report its fourth quarter and full year 2021 financial and operational results, and to provide an update to its corporate guidance for 2022 and provide a three-year outlook. FOURTH QUARTER 2021 CORPORATE HIGHLIGHTS In Q4 2021, Pipestone achieved record average quarterly production totaling 28,623 boe/d (30% condensate, 44% total liquids), representing a 16% quarterly increase over Q3 2021, [Read more]

NuVista Energy Ltd. announces record year end 2021 reserves, financial and operating results

CALGARY, Alberta - NuVista Energy Ltd. (“NuVista” or the “Company”) (TSX:NVA) is pleased to announce record-setting reserves, financial and operating results for the three months and year ended December 31, 2021, and to provide a number of updates which demonstrate material advancement of our Pipestone and Wapiti Montney development. 2021 was a year of significant commodity price recovery after the difficult year in 2020 due to the reduction in energy demand as a result of the Covid-19 pandemic. [Read more]

Crew Energy Inc. announces fourth quarter and full year 2021 results highlighted by substantial production and adjusted funds flow growth

CALGARY, Alberta - Crew Energy Inc. (TSX: CR, OTCQB: CWEGF) (“Crew” or the “Company”) is a growth-oriented natural gas weighted producer operating exclusively in the world-class Montney play in northeast British Columbia (“NEBC”). The Company is pleased to announce our operating and financial results for the three and twelve month periods ended December 31, 2021. Crew’s audited consolidated Financial Statements and Notes, as well as Management’s Discussion and Analysis (“MD&A”) are available [Read more]

Shell announces intent to withdraw from Russian oil and gas

LONDON, March 8, 2022 - Shell plc (Shell) today announced its intent to withdraw from its involvement in all Russian hydrocarbons, including crude oil, petroleum products, gas and liquefied natural gas (LNG) in a phased manner, aligned with new government guidance. As an immediate first step, the company will stop all spot purchases of Russian crude oil.  It will also shut its service stations, aviation fuels and lubricants operations in Russia. “We are acutely aware that our decision last [Read more]

Prairie Provident announces new Chief Financial Officer

CALGARY, Alberta - Prairie Provident Resources Inc. (“Prairie Provident”, “PPR” or the “Company”) is pleased to announce the appointment of Mr. Jason Dranchuk to Prairie Provident as Vice President, Finance and Chief Financial Officer effective April 1, 2022. Mr. Dranchuk brings more than 25 years of experience across the Western Canadian upstream energy sector in various senior finance roles, including 10 years as Chief Financial Officer. He spent several years in a variety of operational [Read more]